What is the difference in insurance indicators — penetration between Finland and New Zealand?

0.16 Percentage of GDP, with Finland ahead.

How many years of comparable data are there for Finland and New Zealand?

30 years are reported by both, from 1988 to 2021.

Where does this data come from?

Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Finland vs New Zealand: Insurance indicators — Penetration

Finland

3.51 Percentage of GDP

in 2024

New Zealand

3.35 Percentage of GDP

in 2021

Finland rank

28th

New Zealand rank

30th

Insurance indicators — Penetration over time

Finland
New Zealand

How they compare

Finland currently reports 3.51 Percentage of GDP against 3.35 Percentage of GDP in New Zealand, a difference of 0.16 Percentage of GDP.

The two have swapped places 1 time across 30 shared years of data; in 1988 it was Finland ahead.

Finland ranks 28th and New Zealand ranks 30th of 52 countries.

Across the 5 decades both report, Finland averaged higher in 4 and New Zealand in 1.

Head to head by decade

Decade	Finland	New Zealand	Difference	Ahead
1980s	5.59 Percentage of GDP	3.11 Percentage of GDP	2.49 Percentage of GDP	Finland
1990s	4.44 Percentage of GDP	2.27 Percentage of GDP	2.18 Percentage of GDP	Finland
2000s	3.7 Percentage of GDP	2.4 Percentage of GDP	1.3 Percentage of GDP	Finland
2010s	4.2 Percentage of GDP	2.61 Percentage of GDP	1.59 Percentage of GDP	Finland
2020s	1.88 Percentage of GDP	3.41 Percentage of GDP	1.53 Percentage of GDP	New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Finland or New Zealand?: Finland, at 3.51 Percentage of GDP against 3.35 Percentage of GDP in New Zealand as of 2024.
What is the difference in insurance indicators — penetration between Finland and New Zealand?: 0.16 Percentage of GDP, with Finland ahead.
How many years of comparable data are there for Finland and New Zealand?: 30 years are reported by both, from 1988 to 2021.
How do Finland and New Zealand rank globally for insurance indicators — penetration?: Finland ranks 28th and New Zealand ranks 30th of 52 countries.
Where does this data come from?: Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs New Zealand: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/finland/new-zealand/

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About this data

Indicator: Insurance indicators — Penetration
Unit: Percentage of GDP
Source: Organisation for Economic Co-operation and Development
Licence: OECD Terms and Conditions (attribution required)
Coverage: 62 places, 1,565 data points, 1983–2024
Last refreshed: 18 August 2026

This dataset includes key indicators on the insurance industry, such as insurance penetration (gross written premiums as a percentage of GDP), insurance density (gross written premiums in USD per capita), the share of life and non-life insurance in the total insurance business (life and non-life gross written premiums as a percentage of gross premiums), the retention ratio (net written premiums as a percentage of gross premiums) and the reinsurance share (reinsurance accepted as a percentage of gross premiums). This dataset also shows the domestic market share of foreign-controlled undertakings and branches/agencies in each reporting jurisdiction, and the geographical distribution of premiums written within the OECD.